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Spin Master Wins "Bakugan" Patent Case in China

Spin Master Wins "Bakugan" Patent Case in China Canada NewsWire TORONTO, April 2...

articleSpin Master CorpApril 22, 20193/company/spin-master-corp/news/spin-master-wins-bakugan-patent-case-in-china
Spin Master Wins "Bakugan" Patent Case in China

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[{"type":"text","content":"\n\n\n\nSpin Master Wins \"Bakugan\" Patent Case in China\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, April 22, 2019\n\n\n\nTORONTO, April 22, 2019 /CNW/ - Spin Master Corp. (TSX:TOY; www.spinmaster.com), a leading global children's entertainment company, announced today that it has recently received a final judgement in its favour in a patent case against Suzhou HONGTU Film Animation Co., Ltd. (\"Hongtu\").  Spin Master succeeded in its claim that Hongtu infringed Spin Master's Bakugan patent with its derivative \"Sky Warrior\" toys. \n\n \n \n\n \nIn September 2017, Hongtu launched the \"Sky Warrior\" derivative toy in China, infringing Spin Master's patent rights relating to the popular Bakugan toy.\nIn March 2018, Spin Master filed a lawsuit in the Hangzhou Intermediate People's Court against Hongtu and three other defendants. In the first instance, the Court ruled that the \"Sky Warrior\" toys fall within the scope of Spin Master's patent and therefore constituted patent infringements.  The Court ordered the defendants to cease all production and sale of the \"Sky Warrior\" toy and awarded Spin Master RMB 300,000 (approx. USD $44,100) in compensation.  Hongtu appealed to the Zhejiang Higher People's Court in April 2019.  The Court has now issued a final judgment which affirmed the first instance decision.\nBen Gadbois, Spin Master's Global President and COO stated: \"We expect our competitors to respect Spin Master's intellectual property and will take forceful steps if we believe our rights are being infringed.\" \nChris Harrs, Spin Master's General Counsel and Corporate Secretary added: \"Given Spin Master's plans to distribute the Bakugan TV series in China and sell the associated toys, we are very pleased that the validity and enforceability of the Bakugan patent has been tested and we would expect that such positive results will make our future enforcement efforts easier.\"\nAbout Spin Master and \"Bakugan\"\nIn 2007, in collaboration with Sega Toys, TMS and Nelvana, Spin Master released the Bakugan TV sh...

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